Buttimer Engineering: Targets £65 Million Revenue and Workforce Expansion

Development Capital has announced a substantial investment in Buttimer Engineering, a diversified engineering company based in Cahir, Co. Tipperary. Buttimer specializes in dry and liquid bulk materials handling systems. With the support of this investment, the company aims to escalate its revenue from £25 million to £65 million and double its workforce to over 400 by 2028. Buttimer plans to target the UK Ports & Infrastructure sector, provide Data Centre solutions, create an electrical engineering division, and focus on the expansion into key sectors like Food & Beverage, Energy & Power Generation. This represents Development Capital's 15th investment in Irish SMEs, its second in Munster, and the sixth from Development Capital Fund II, a £75 million fund. Buttimer's growth strategy highlights an increased international focus, especially in the UK due to infrastructure renewal needs. The leadership under CEO Fergal Buttimer and the new involvement of Development Capital's Andrew Bourg and Fran Stafford are anticipated to fortify Buttimer's growth trajectory.